US retailers

Analyst Ray Wang posted that major U.S. retailers, including Walmart and Target, have reportedly asked Chinese suppliers to resume shipments, with tariffs to be absorbed by the American retailers. What Happened: On Saturday, Wang posted on X that several Chinese exporters at the ongoing China...

Shares of Nordstrom Inc (NYSE: JWN) tanked in early trading on Wednesday, even after the company reported upbeat fourth-quarter sales and earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Telsey Advisory Group analyst Dana Telsey...

Consumers can expect a net $68 billion tailwind in 2024 from perks such as changes in social security and lower gas prices — a boost to discretionary spending for many that could provide some support for retail stocks. Bank of America‘s $68 billion tailwind estimate includes a $76 billion...

Walmart Inc. (NYSE: WMT), a name synonymous with retail dominance, has found itself trapped in a complex legal battle in Mexico. Accusations of market power abuse and monopolistic practices have put Walmart de Mexico, the local subsidiary, under intense scrutiny by Mexico...

The Qraft AI-Enhanced U.S. Large Cap Momentum ETF (NYSE: AMOM) has bet on retail giant Walmart Inc (NYSE: WMT) which now constitutes 7.8% of its portfolio, according to information provided by the company. The other two companies freshly added to the ETF include ...

The list of bankruptcies this year continues to grow. Casual food chain Ruby Tuesday filed for Chapter 11 protection on Wednesday. The Tennessee-based company became just the latest in a string of major brands to file for bankruptcy in 2020 — a year where virtually every...

Walmart Inc (NYSE: WMT) is launching a new fashion line for both men and women dubbed “Free Assembly,” which will debut this week, CNBC reported Monday. What Happened: The new clothing range would be available online as well as the retail giant’s 250 stores, according to CNBC....

Century 21 Department Stores LLC grabbed headlines last week when it confirmed plans to close all 13 of its stores and liquidate assets as part of a chapter 11 process. In doing so, the New York-based company became just the latest in a string of major retailers to file for bankruptcy in 2020...

Gap Inc. (NYSE: GPS) will furlough 80,000 employees at its stores, which remain closed as the coronavirus pandemic rampages across the United States. What Happened The retailer has had to close 90% of its stores around the world due to the coronavirus pandemic and recognizes that...

Target Corporation (NYSE: TGT)’s recent pullback is more on the mark for Morgan Stanley, which upgraded the stock. The Analyst Morgan Stanley’s Simeon Gutman upgraded Target from Underweight to Equal-weight with a $67 price target. The Thesis Morgan Stanley sees less downside...

McDonald's (NYSE: MCD) is coming under fire for suggestions it reportedly offered its employees on an in-house, employees-only McResource Line web site, on how to cope with issues like the upcoming holiday financial crunch. According to screen grabs complied by the activist group Low Pay Is Not...